TomF75

Dividend Stocks: The Good, The Bad and the Ugly

About a week or 2 ago PFF popped up on my radar screen. As of this writing, I see a dividend of 10.62%. HOWEVER, when I dug deeper I noticed that not "some" but "most" of the stocks are financial related...76% to be exact (the rest utilities). I'm not ready to trust any of these banks, since even the "good ones" (e.g. BAC) seem to still have scary $hit hiding in their balance sheets somewhere...Invest @ your own peril!!


On Jan 30 09:04 AM hazenyc wrote:

> if you're looking for a more diversified high-dividend-yield there
> are too good ETFs that have 11-14% yield and have been trading fairly
> stabily over the recent bloodletting.. tickers are:
> PFF and PGF ..
> they both contain preferreds, corporate bonds and shares in the ETF..
> disclaimer: some of the companies are kinda toxic but certainly outperforming
> their common share counterparts - includes the likes of WFC, USB,
> FCX, C, MET, ABN, JPM, C, MS, GS, ING etc
> so just an idea to play with!